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Crypto payments firm Wyre has teamed with blockchain protocol Polygon to offer USDC token to millions of customers.
Wyre is is an infrastructure provider in crypto. The company provides easy-to-integrate APIs which enable thousands of developers to bring crypto to the masses. The company claims to have on boarded over 15 million end-users to their partners and has processed over $10B in payments since inception. “Checkout”, Wyre’s flagship product, claims to be the world’s fastest fiat-to-crypto gateway and has helped hundreds of crypto applications better reach their customers.
Polygon is Ethereum’s “internet of blockchains,” with its protocol allowing the building and connecting of various Ethereum-compatible blockchain networks, creating a multi-chain Ethereum ecosystem. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence.
Via Wyre’s Checkout API, developers around the world can provide Polygon’s USDC token to their customers via the Polygon ecosystem. This integration provides one of the only fiat to USDC on-ramps for customers around the world and in 43 US states, with the conversion process taking less than 30 seconds. This token is also available with both Wyre’s Check and Card Processing API.
“Wyre is excited to announce our integration with Polygon. Our Checkout API enables developers to quickly and easily provide fiat to USDC onramp for their users, making the Polygon network more accessible than ever before,” said Ioannis Giannaros, CEO of Wyre. “We are really looking forward to working together with the Polygon team, as well as their developer ecosystem, to enhance their customer experience for everyone interacting with this ambitious protocol.”
Sandeep Nailwal, Co-Founder at Polygon, said that Wyre is putting everything into building a secure fiat-to-crypto onramp for the world to use.
“As the latest project to join Wyre’s mission, we’re doing what we can to bring millions of potential users into the crypto space,” Nailwal said.